China is rolling out exciting new tax refund policies to welcome global travelers! Starting now, international visitors can claim tax refunds on purchases over RMB 200, with cash refund limits doubled to RMB 20,000 and unlimited refunds via bank transfers. For luxury items like watches, tourists can reclaim up to 11% of the 13% VAT, paying just a 2% administrative fee.
To streamline the process, every purchase is linked to a dedicated tax refund form, speeding up customs clearance. Plus, instant refunds are now available at tax-free stores across major shopping districts and tourist hotspots. With expanded tax-free zones offering global brands and Chinese exclusives, these policies aim to transform shopping experiences.
How will these changes boost China's appeal to overseas tourists? Let's see the details and discover how you can save big on your next trip to China!
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